When enterprises get more funds from government subsidies provided by central planners and less from consumers, they will have incentive to
What will be an ideal response?
spend more time trying to influence politicians and less time trying to reduce costs and please customers
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If a sizable number of workers were switched from full-time to half-time employment, then the official unemployment rate would:
a. rise. b. fall. c. remain unchanged. d. react unpredictably.
Today farms with sales of more than $250,000 a year account for about _____ percent of all agriculture sales.
A. 5 B. 25 C. 50 D. 75
The explanation for why marginal cost is positive and rising in the short run is _______ marginal product of labor in the production process.
A) a zero B) a constant C) an increasing D) a diminishing
An expansionary fiscal policy shifts the aggregate demand curve
A) to the right and is used to close an inflationary gap. B) to the right and is used to close a recessionary gap. C) to the left and is used to close an inflationary gap. D) to the left and is used to close a recessionary gap.